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7:31 am - Monday February 27, 2017

Archive: Business Subscribe to Business

Sensex ends strong at 28,864.71 pts

Agencies, Mumbai The benchmark index of Bombay Stock Exchange (BSE) advanced today by 103.12 points at 28,864.71 on firm global cues. The Nifty of National Stock Exchange (NSE) rose by 19.05 pointsto 8,926.90. The sensex registered day high...

Fujitsu says its biggest shareholder to unload its stake

Agencies, Tokyo Japan’s Fujitsu Ltd said on Tuesday its biggest shareholder would sell most of its stake in the electronics conglomerate, part of a plan by the two firms to unwind their cross-shareholdings. Fuji Electric Co plans to unload...

Brisk buying in late trade pushes Sensex up by 13.91 pts

Agencies, Mumbai The benchmark index of Bombay Stock Exchange (BSE) edged higher today by 13.91 points to end firm at 28,240.52, after trading in the red zone for most part of the day, on renewed buying in select stocks such as Health Care,...

Hero MotoCorp sales dips by 13.53 percent in January 2017

Agencies, Mumbai Motorcycle Major, Hero MotoCorp Ltd reported a decline of 13.53 percent in its total sales at 4,87,088 units. for the month of January 2017 as compared with 5,63,348 units sold in the same month a year ago. There is a positive...

Cognizant Expands Operations in Hong Kong

Agencies, Mumbai Cognizant , a leading global provider of information technology, consulting and business process services, today announced the expansion of its operations in Hong Kong with the opening of a new office. Cognizant’s expanded...

RBI extends Directions issued to The CKP Co-operative Bank Ltd. Mumbai, Maharashtra

Agencies, Mumbai Reserve Bank of India (RBI) has extended Directions issued to The CKP Co-operative Bank Ltd.,Mumbai, Maharashtra for the further period of six months from February 01, 2017 to July 31, 2017 vide order dated January 27, 2017,...

Atlanta secures Rs. 1,292-cr NHAI road project

Mumbai : Infrastructure Major, Atlanta today said it has received the letter of award for six laning from 401.20 km to 494.41 km of NH-8 in Gujarat in hybrid annuity mode under NHDP Phase V from the National Highways Authority of India. The...

GAIL Board approves issuance of bonus shares, interim dividend

Agencies, New Delhi GAIL (India) Limited has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholder’s approval. The decision was taken by the Company’s Board of Directors,...